NOT LISTED FOR SALE

402 University Ave Ithaca, NY 14850

Estimated Value: $470,000 - $560,000

5 Beds
3 Baths
2,261 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 25, 2013

Last sale price $295,000 $130 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,409/month

77,972 Days on Market

About This Home

As of July 2013

Wonderful Collegetown property with solid rental history. Hardwood floors, large rooms with great ceiling height, recently painted exterior. Currently rented as 5 bedroom house. Lower level had previously been a 1 bedroom apartment. 3 Full baths, one on each floor. Great location.

Last Agent to Sell the Property

Richard Patterson

Howard Hanna S Tier Inc Brokerage Email: richardpatterson@howardhanna.com License #30PA0967502 Listed on: 01/01/1800

Howard Hanna S Tier Inc

Last Buyer's Agent

Carol Bushberg

Warren Real Estate of Ithaca Inc. (Downtown) License #10301223410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,964

Year Built

1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Water Body Name: None
  • Subdivision Name: Collegetown
  • Year Built: 1860
  • Attribution Contact: richardpatterson@howardhanna.com
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Washer
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes

Exterior Features

  • Foundation Details: Stone
  • Roof: Asphalt

Utilities

  • Laundry Features: Common Area
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Elementary School: Fall Creek Elementary
  • Junior High Dist: Ithaca

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 500700 32.-2-8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 7119.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2015
Sold by
Estate Of Elsa Shapiro
Bought by
Shapiro Jacques and Shapiro
Current Estimated Value
$522,554

Purchase Details

Listed on
Jan 1, 1800
Closed on
Jul 25, 2013
Sold by
Granish David
Bought by
Shapiro Elsa
Seller's Agent
Richard Patterson
Howard Hanna S Tier Inc
Buyer's Agent
Carol Bushberg
Warren Real Estate of Ithaca Inc. (Downtown)
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%

Purchase Details

Closed on
Sep 10, 2007
Sold by
Conlon Katherine
Bought by
Granish David
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shapiro Jacques -- Mariette Geldenhuys
Shapiro Elsa $295,000 Geldenhuys Mariette
Granish David $145,000 Jonathan Albanese
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2013 07/25/13 Sold $295,000 +7.3% $130 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
01/01/1800 01/01/00 For Sale $275,000 -- $122 / Sq Ft
Source: Ithaca Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $15,964 $500,000 $78,900 $421,100
2023 $10,548 $486,000 $78,900 $407,100
2022 $13,660 $450,000 $78,900 $371,100
2021 $11,640 $330,000 $78,900 $251,100
2020 $7,588 $330,000 $78,900 $251,100
2019 $3,034 $325,000 $78,900 $246,100
2018 $7,668 $325,000 $78,900 $246,100
2017 $7,518 $310,000 $50,000 $260,000
2016 $7,588 $310,000 $50,000 $260,000
2015 -- $290,000 $50,000 $240,000
2014 -- $290,000 $50,000 $240,000
Source: Public Records

Agents Affiliated with this Home

  • Richard Patterson

    Seller's Agent in 2013

    Richard Patterson

    Howard Hanna S Tier Inc

    (607) 257-0800

    25 Total Sales

    Richard Patterson
    Section Image
  • Carol Bushberg

    Buyer's Agent in 2013

    Carol Bushberg

    Warren Real Estate of Ithaca Inc. (Downtown)

    (607) 279-4530

    144 Total Sales

    Carol Bushberg
    Section Image
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Map

Source: Ithaca Board of REALTORS®

MLS Number: IB138633

APN: 500700-032-000-0002-008-000-0000

New York Tompkins County Ithaca 14850

402 University Ave, Ithaca, NY

This home is located at 402 University Ave, Ithaca, NY 14850 since 01 January 1800 and is currently estimated at $522,554, approximately $231 per square foot. This property was built in 1860. 402 University Ave is a home located in Tompkins County with nearby schools including Fall Creek Elementary School, Boynton Middle School, and Ithaca Senior High School.

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